The new generation of climate policies is often associated with specific compliance metrics. For example, Renewable Portfolio Standards use the Renewable Energy Credit (REC) to track the generation of renewable electricity and how it is used for mandatory compliance programs or voluntary purchases of clean electricity.
New programs such as Building Performance Standards and Clean Heat Programs can also be designed to include crediting and exchange mechanisms.
The Building Energy Analysis Manager - BEAM platform developed by ClearlyEnergy facilitates the detailed track of program in metrics relevant to building and clean heat programs. The approach leverages modern technologies to provide full transparency and tracking capabilities of the credits issued.